Chicago – OptionsCity Software, a leading provider of electronic trading solutions, today announced that Traditum Group, a diversified proprietary trading firm specializing in market making, has adopted OptionsCity Metro for its energy, grains, and soft commodities trading operations.
OptionsCity Metro is a fully configurable electronic trading platform that offers direct connectivity to leading global derivatives exchanges and markets. Traditum uses Metro to trade energy options listed on ICE and NYMEX, as well as soft commodity and grain options listed on CME and NYSE LIFFE.
"As markets continue to consolidate and expand, we require a scalable platform that provides intuitive transitions to new markets," remarked Traditum Chief Executive Officer, Michael Creadon. "Traditum has found a competitive solution in OptionsCity Metro."
"Our commitment to options market making has been a priority since our inception," replied Jerald David, Chief Business Development Officer at OptionsCity Software. "We are pleased to have a premier firm like Traditum Group included in our client base, and we look forward to supporting their technology needs and aiding in their growth."
OptionsCity Metro provides electronic traders and market makers with a full suite of trading, safety, and risk management tools. Metro's intuitive interface empowers traders with a dynamic quoting engine, offers direct market access, and mitigates high-scale costs. Recent enhancements to the Metro platform include a sophisticated trade reconciliation feature that reduces operational risk, and a new OTC pricing model, in addition to performance enhancements to the infrastructure.
To speak with an OptionsCity representative or to schedule a custom demo, please contact [email protected] or call +1 312.605.4500.
About OptionsCity Software Inc.
As developers of the award-winning Metro electronic trading and market-making platform, OptionsCity Software has helped options traders make markets and trade on the world's leading derivative markets since 2006. OptionsCity continues to innovate with the development of Freeway, a multi-asset, automated trading platform designed to build, test, and deploy algorithms with micro-second execution. OptionsCity products are built on power, speed and reliability that options traders require to have full control over trading, safety, and risk management. OptionsCity is a certified Independent Software Vendor on leading global derivative exchanges and markets. For more information, please visit www.optionscity.com.
About Traditum Group
Traditum is a diversified proprietary trading firm specializing in market making, relative value arbitrage, and fundamentally-oriented trading strategies across a variety of domestic and international markets. Our proprietary technology coupled with the commitment of our traders gives us an edge in a highly competitive industry. The firm's team comprises of new talent eager to learn and senior traders with proven track records of success. Traditum is home to over 75 proprietary traders, programmers, and support staff in Chicago, New York, and Houston.
Contact: Kim Pike
Phone: +1 (312) 605-4517
Email: [email protected]
Disclaimer: This press release contains forward-looking statements with the exception of historical information. The matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks are properties of their respective owners.
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